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BUSINESS
Dec 12, 2022

Japan firms step up appointments of female outside directors

Businesses need to prove their ability to listen to the opinions of female outside directors, even if these are unflattering, for effective use in management, observers say.
BUSINESS / Companies
Nov 30, 2022

Japanese biotech firm uses tiny worms in test for pancreatic cancer

The creatures, a species of nematodes known scientifically as C. elegans, have olfactory senses much more powerful than dogs, the firm says, and they follow their nose toward cancer cells.
Japan Times
SOCCER
Nov 29, 2022

Juventus chairman joins board in resigning over financial probe

The public prosecutor's office in Turin, where Juventus is based, and Consob, Italy's market regulator, filed a dispute into some of the club's recent balance sheets.
Japan Times
BUSINESS / Tech
Nov 19, 2022

Elon Musk starts Twitter poll on whether to bring back Trump

Musk, Twitter's new owner, said in May he would reverse its ban on former President Donald Trump, whose account was suspended after last year's attack on the U.S. Capitol.
Japan Times
BUSINESS / Tech
Nov 8, 2022

Following mass Twitter Japan firings, some call for legal action

As former employees in the U.S. mount a class-action lawsuit in the wake of job losses, speculation Elon Musk may have breached employment law in Japan grows across his platform.
Japan Times
BUSINESS
Nov 2, 2022

Selling a cleaner, affordable cooking fuel for Kenyan homes

Koko Networks in Nairobi supplies more than 675,000 households with clean-burning ethanol, which is used in the company's cookers and sold over an app.
Vendors carry lobster at a seafood market in Shanghai, China, on Friday.
BUSINESS
Aug 25, 2023

Japan fishing industry reels after China’s seafood embargo

The average price of fresh Aomori tuna at the Toyosu market in Tokyo fell 24% on Aug. 25 from the previous day to ¥9,383 per kilogram.
The 3M global headquarters in Maplewood, Minnesota. The multinational conglomerate has tentatively agreed to pay more than $5.5 billion to resolve over 300,000 lawsuits claiming it sold the U.S. military defective combat earplugs.
BUSINESS / Companies
Aug 29, 2023

3M to pay more than $5.5 billion over faulty combat earplugs

Current and former service members allege 3M knew its earplugs were too short to work effectively and that it failed to warn the U.S. government or users.
An Airbus A350 XWB passenger aircraft on the final assembly line at the Airbus factory in Toulouse, France
BUSINESS / Companies
Sep 1, 2023

Fake spare parts were supplied to fix top-selling jet engine

The spread of undocumented or potentially faked parts into the engine supply chain is rare and treated with utmost urgency in the industry.
JAPAN
Sep 7, 2023

Hokkaido tour boat sinking caused by safety gaps, report says

The operator of the Kazu I sightseeing tour boat, which sank off Hokkaido last year, had no safety management system, according to a government report
BUSINESS / Companies
Sep 13, 2023

TSMC prizes Japan's chips skills after U.S. stumbles

The chipmaker is taking an increasingly optimistic view of Japan as a production base, as problems persist at its new factory in Arizona.
Arm U.S. headquarters in San Jose, California
BUSINESS / Companies
Sep 13, 2023

Arm’s CEO is pitching a made-for-you chip strategy ahead of IPO

The company is shifting its strategy, now focusing on doing complex design work on specific products, tailored for what it sees as key areas of growth.
Arm CEO Rene Haas rings the opening bell, as Softbank's Arm, a chip design firm, holds an initial public offering at Nasdaq MarketSite in New York on Thursday.
BUSINESS / Companies
Sep 15, 2023

Chip designer Arm soars 25% in IPO win for owner SoftBank

Shares in the chip designer, still 90% owned by SoftBank, closed at $63.59 in New York trading Thursday, giving it a market value of over $65 billion.
The strikes involving a combined 12,700 workers will take place at assembly plants operated by Ford in Wayne, Michigan, GM in Wentzville, Missouri and Stellantis' Jeep brand in Toledo, Ohio.
BUSINESS / Companies
Sep 15, 2023

U.S. auto workers launch first simultaneous strike at Detroit Three

The walkouts at the "Detroit Three" — General Motors, Ford and Chrysler — kicks off the most ambitious U.S. industrial labor action in decades.
BUSINESS / Tech
Sep 17, 2023

Logistics robots coming into wider use in Japan

Companies are looking to logistics robots in response to the popularity of e-commerce, as well as present and potential labor shortages.
Identifying a sustainable product can involve evaluating claims about emissions, plastic use, water waste and packaging recyclability.
ENVIRONMENT / Sustainability
Sep 19, 2023

Regulators are trying to stop greenwashing before it gets worse

The range of agencies tackling dubious sustainability claims is indicative of its ambiguity and breadth.
Disney said its parks, experiences and products segment has expanded at a combined annual growth rate of 6% since fiscal 2017, and generated $32.3 billion in operating income over the last 12 months.
BUSINESS / Companies
Sep 21, 2023

Disney to nearly double parks spending to $60 billion

Disney CEO Bob Iger and Josh D'Amaro, the company's parks chief, announced the accelerated pace of investment at a gathering of Wall Street analysts.
Lachlan Murdoch, the elder son of Rupert Murdoch, solidified his rise to the top on Thursday, when his father announced that he would retire from the boards of Fox Corporation and News Corporation.
BUSINESS / Companies
Sep 22, 2023

Rupert Murdoch leaves media empire to son Lachlan

Murdoch’s decision to step aside is unlikely to take Fox and News Corp in new directions right away.
An exterior view of MGM Grand hotel and casino, after MGM Resorts shut down some computer systems due to a cyberattack earlier this month, in Las Vegas, Nevada
BUSINESS / Tech
Sep 25, 2023

'Power, influence, notoriety': The Gen-Z hackers who struck MGM and Caesars

Experts say they appear to be more sophisticated, disciplined and organized than many cybercriminal actors, and probably between 17 and 22 years old.
Amgen's office in South San Francisco, California
WORLD / Science & Health
Sep 25, 2023

Big Pharma bets on AI to speed up clinical trials

AI is playing a sizeable and growing role in human drug trials.
MUFG Bank is aiming to foray into space by investing in startups.
BUSINESS / Companies
Sep 27, 2023

MUFG Bank among firms to lead $290 million Sierra Space fundraising

Sierra Space is among a handful of space industry players attempting to build a private space station.
The Nvidia headquarters in Santa Clara, California
BUSINESS / Tech
Sep 28, 2023

AI chip crunch: Startups vie for Nvidia's vital component

Generative AI's lifeblood is a book-sized semiconductor known as the graphics processing unit (GPU) — built by one company, Nvidia.
Zoom controlled only about 7% of the market for communication and collaboration software as of the first quarter of the year, while Microsoft topped 42%, according to industry analyst IDC.
BUSINESS / Tech
Oct 4, 2023

Zoom expands tools and features in bid to compete with Microsoft

The company is adding word processing to its suite of tools and experimenting with novel features for meetings as it faces steep competition from Teams.
A Uniqlo store in Shanghai
BUSINESS / Companies
Oct 12, 2023

Fast Retailing's annual profit rises 28% to fresh record

Profit was ¥381.1 billion ($2.56 billion) in the 12 months through August compared with ¥297.3 billion, the previous all-time high, a year earlier.
Kiva robots move inventory at an Amazon fulfilment center in Tracy, California.
BUSINESS / Companies
Oct 13, 2023

Amazon strategy could unlock $100 billion in revenue

Supply Chain by Amazon is the latest part of its drive to become a leading logistics company.
Gamers compete during the Electronic Entertainment Expo E3 at the Los Angeles Convention Center in 2017.
BUSINESS / Companies
Oct 24, 2023

Twitch and YouTube curb big-money deals for gaming superstars

For years, the leading livestreaming sites have competed for top gaming talent to bolster their services.
EF Polymer CEO Narayan Lal Gurjar (right) and COO Kunihiro Shimoji at the company in Onna, Okinawa Prefecture, in August
JAPAN / Society / Regional Voices: Okinawa
Oct 30, 2023

Organic polymer brings water to drought-hit farmlands

The India-born, Okinawa-nurtured product seeks to replace petroleum-derived polymers to promote sustainability.
Kioxia and Western Digital have held merger talks since 2021 but the negotiations have often stalled over a series of issues.
BUSINESS / Companies
Oct 27, 2023

Western Digital and Kioxia call off merger talks, source says

South Korea's SK Hynix — a major Kioxia investor — has said it does not back the deal due to its impact on its investment asset value.
Toyota’s gigacast rear component. The company plans to employ the gigacasting technology in making electric vehicles.
BUSINESS / Companies
Oct 30, 2023

Tesla’s latest disruption in carmaking draws followers in Japan

Carmakers in Japan are starting to embrace gigacasting as they seek to make up for lost ground in the shift to EVs.

Longform

Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?